Michigan United Credit Union
Major Rating Factors:
A current level of 0.4 percent of nonperforming loans to core capital combined with 0.4 percent from a year earlier contributes to the Excellent asset quality (10.0). Excellent current capitalization (8.0 on a scale of 0 to 10) based on a net capital to total assets of 10.1 and a net worth ratio of 0.0.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10). Fair liquidity 4.1, driven by a liquidity ratio of 25.5 percent and a “hot money” ratio of 7.6 percent.
Asset Mix:
Consumer loans (43%), securities (10%), home mtgs (9%), other (38%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
3501 Hamlin Road
Auburn Hills, MI 48055
Auburn Hills, MI 48055
Phone Number
(248) 814-4000
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
East Lansing, MI
Auburn Hills, MI
Auburn Hills, MI
Auburn Hills, MI